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Strategies & Market Trends : Value Investing

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To: snookcity who wrote (30375)	5/2/2008 6:52:20 PM
From: Paul Senior	Read Replies (2) of 78645

GM. Sorry I've not been able to get a fill on GMW as that quib moved up and away from me. Nice call, snookcity. Looks like it'll be very profitable this year (for those who did buy along with you) given the combo of excellent yield and now appreciated stock price. I've played GM itself, poorly. When I was considering establishing more than a full and outsize position, I waivered and only bought a few exploratory shares. I've closed my GM position now, and will consider reentry if stock falls back. Also, fwiw, I've trimmed back my small Honda (HMC) position by half. I'll add back if stock will fall back to lows.

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